The rise in inventories in the evolution of trade between the United States and China

Here are 3 things to know about stocks right now

• The S & P 500 and the Nasdaq rose on Monday after falling 1% and 2.6% respectively last week.
• CBS Corp. (CBS) fell 3.6% after long-time CEO Les Moonves resigned amidst new allegations of sexual harassment.
• Apple Inc. (AAPL) lost 1.5% after the iPhone maker said some of its products may be affected in the upcoming price series on products made in China.

Overview of Wall Street

Stocks were higher on Monday, September 10, as investors focused on developments in the ongoing trade war between Washington and Beijing.

The Dow Jones Industrial Average gains 46 points, or 0.18%, to 25,962, the S & P 500 was up 0.39%, but the Nasdaq increased by 0.22%.

Donald Trump attacked China late last week, saying he was ready to impose tariffs on virtually all goods imported from the country. China's trade surplus with the United States reached a record $ 31 billion in August, with exports surging despite the first round of tariffs targeting $ 50 billion worth of products made in China.

Trump over the weekend also pushed Ford Motor Co. (F) and Apple Inc. (AAPL) to move their manufacturing operations to the US to avoid tariffs.

Ford said it would not start building the Focus Active sedan in the US, despite a tweet from Trump that the company could do it instead of importing it from China.

"It would not be profitable to build the Focus Active in the United States, with an expected annual sales volume of less than 50,000 units," Ford said Sunday.

Ford shares rose 2.2%.

Apple dropped 1.5% on Monday after a Trump weekend tweet warned that consumers would be forced to pay higher prices for iPhones and Apple computers once the White House would have imposed new tariffs on Chinese imports.

Apple said Friday, Sept. 7 that the current tariff proposal, which targets $ 200 billion of Chinese-made products, could impact prices on AirPod and the Apple Watch, but did not specifically mention the iPhone in a letter to the US government.

"Our concern about these tariffs is that the United States will be the hardest hit, resulting in lower US growth and competitiveness and higher prices for US consumers," said Apple.

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The Moonves, President and CEO of CBS Corp. (CBS) , resigned Sunday, September 9, after more than two decades with the broadcaster in the middle of new allegations of sexual harassment and inappropriate conduct.

The ousting of Moonves follows further revelations in the New Yorker Sunday edition, which included allegations from six different women that Moonves had used physical intimidation and violence in abusive sexual behavior.

Joseph Ianniello, the company's chief operating officer, will serve as interim CEO while a formal moonves replacement research will be conducted.

CBS shares declined 3.6%.

Jack Ma, co-founder and executive chairman of Alibaba Group Holding Co. (BABA), said Monday that he will step down as chairman of the e-commerce giant on September 10, 2019, exactly one year later. consulting until 2020.

Alibaba CEO Daniel Zhang will succeed Ma in 12 months. Zhang, who has been CEO since 2015, will continue to play this role. Zhang is the architect of Alibaba's "Singles Day", the extravagance of one-day online shopping.

Alibaba's US deposit certificates fell 3.5% on Monday.

Snap Inc. (SNAP) fell 1.7% after the company announced that Imran Khan, director of strategy, would look for other opportunities. Khan is only the latest in a series of departures at the parent company of the Snapchat messaging application.

Science Applications International Corp. (SAIC) announced that it would acquire Engility Holdings Inc. (EGL) in a $ 2.5 billion equity transaction, including debt repayment. The deal values ​​Engility at $ 40.44 per share. Engility edged down Monday to $ 36.23.

United Rentals Inc. (URI) gained 5% after announcing that it would buy BlueLine Rental, a privately owned equipment rental company, as part of a cash transaction valued at 2.1 billions of dollars.

Fred's Inc. (FRED) jumped 54.7% after Walgreens Boots Alliance Inc. (WBA) announced that it would purchase prescription drug records in pharmacy and related pharmacy stocks of 185 Fred stores in 10 Southeast states.

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